Sokha's Group

A resident from a rural village in the Moung Russey district of Battambang province in Cambodia, Sokha is a 32-year-old married mother of two sons, both of whom are dependent on her and still in school. To sustain the family’s needs, she has been sowing mushrooms for two years.

Sokha has been with VisionFund for three loan cycles and completely paid back the past loans. Her fellow group member is just in the first loan cycle as a client with VisionFund. Sokha used the past loan to better support her mushroom business. She is now leading her group of two to ask for a loan. As the group leader, she is going to use her portion to build a shelter for seeding the mushrooms. She hopes to increase her income from the current business to improve her standard of living and keep her children in school.

Additional Information

About VisionFund Cambodia

VisionFund Cambodia is a Christian organization and microfinance institution that provides small loans and other financial services to improve the lives of children, empower poor women and their families, and grow successful businesses. The organization works primarily in rural parts of Cambodia and has distinguished itself by targeting the very poor who require smaller loan sizes, regardless of religious beliefs, gender or ethnic background.

Kiva lenders’ funds will help the organization to expand into the northeastern provinces of the country, which have historically been underserved and difficult to reach with financial services.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.